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Case details

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Merger control
Case reference
CCENT/2006/26 - PERFORMANCE FIBERS EUROPE/INVISTA RESINS AND FIBERS
Acquired
Assets Invista Resins and Fibers GMBH
Description
consists of the polyester fibre production and sales business of INVISTA RESINS AND FIBERS GMBH in Germany; it is part of Kock Group Inc.
Acquiring
Performance Fibers Europe
Description
is a subsidiary of Performance Fibers Holdings Inc., which operates in the field of the production and sale of polyester fibres for a wide range of industrial and consumer applications; it is part of the group Sun Capital Partners Inc., a private investment firm.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C20 - Manufacture of chemicals, chemical products and man-made fibres, except pharmaceutical products
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 25 May 2006, this merger consists of the acquisition by the company PERFORMANCE FIBERS EUROPE SARL (referred to below as "PFE") of sole control of a group of assets belonging to INVISTA RESINS AND FIBERS GMBH ("INVISTA ASSETS").
Timeline
2006-07-06
Competition Authority approves PERFORMANCE FIBERS EUROPE SARL´s acquisition of sole control of a group of assets belonging to INVISTA RESINS AND FIBERS GmbH
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